This paper reviews the political economy of the Canadian province of British Columbia (BC) tax in three periods: its origins, its survival in the face of political backlash, and its longer-term prospects. The BC launched North America’s first revenue-neutral carbon tax reform. The tax, applied to all combustion sources of fossil fuels, was introduced at a rate of CAD 10 per tonne of CO2.
This paper describes the features of the tax, recounts the story of its interplay between fiscal adjustment and helping meet the obligations to raise taxes, and implications for competitiveness and carbon leakage, environmental effectiveness and equity issues, and draws conclusions regarding why it happened, and provides tentative insights for other countries in a similar situation.
OECD Secretary-General Angel Gurría will present a major address on the Organisation’s latest analysis of climate change, investment and energy policies in London on Wednesday 9 October, at 10:30am.
The OECD is developing international policies to promote and harmonise the environmentally sound management (ESM) of wastes within the OECD area.
Present and discuss recent DAC developments on improving the use and methodologies underlying the Rio Marker system
This event held on 18-19 September 2013 at the OECD is part of a series of seminars, organised by the OECD and the IEA, which aims to promote dialogue and enhance understanding between a wide range of experts on technical issues in the international climate change negotiations. The agenda, presentations and list of participants are now available.
Technological change is undoubtedly one of the keys to ensuring that economic growth and environmental improvements co-exist. It is vitally important that environmental policies and policy instruments provide the right incentives for the development and diffusion of ‘environmental’ technologies.
Competitiveness and carbon leakage issues have been some of the main concerns in the implementation and discussions of climate policies. This paper examines the macroeconomic and sectoral competitiveness and carbon leakage impacts associated with a range of stylised mitigation policy scenarios.
The OECD Council approved the Opinion of the Environment Policy Committee regarding the compliance by Israel with the OECD Decision C(2001)107/FINAL which establishes the OECD Control system for waste destined for recovery. Since 1992, transboundary movements of recyclable wastes between OECD countries are regulated by this Decision, established by OECD Council, and designed as an agreement under Article 11 of the Basel Convention.
Water shortages and floods illustrate the risks posed by too little, or too much, water. By 2050 more than 40% of the world’s population will live under severe water stress and nearly 20% could be exposed to floods.